Understanding Taxes When You're Self-Employed

March 29, 2021 by First Federal Bank

If you’re new to the world of business ownership, managing your taxes can be one of the most daunting aspects of self-employment. Dealing with estimated taxes, figuring out deductions, and navigating tax forms can dampen the spirits of even the most intrepid entrepreneur. To help you prepare, here are a few things to know about the unique tax...

Topics: Financial Education

Stronger Together – Supporting the Communities Where We Live and Work

March 26, 2021 by Nina Heringer

At First Federal Bank, we understand the positive impact an organization can have on a community. We are passionate about giving back because we take our responsibility to reinvest in our communities seriously. In 2020, First Federal supported special projects for after-school programs, intellectual and developmental disability agencies, temporary...

Topics: First Federal News

Common Business Budget Breakers

March 24, 2021 by First Federal Bank

When you run a small business, every dollar counts. Even with a great vision and budget sheet, you may be losing money on a regular basis by paying too much for things you need or paying for things you don’t actually need at all. Focusing on a few key areas can help your business’ balance sheet reach the black, letting you invest more revenue in...

Topics: Small Business

7 Engaging Travel-Themed Podcasts

March 22, 2021 by First Federal Bank

The events of 2020 canceled many travel plans. It’s understandable if you’re eager to get out and see the world. But whether you’re a seasoned traveler or a newbie adventurer, some expert advice can help your trip run smoothly. Here’s a handful of helpful, informative podcasts to get you ready for your next journey:

Topics: Family, Lifestyle

Get the Most Out Of Small Spaces

March 20, 2021 by First Federal Bank

When you are dealing with a limited amount of square footage, whether it is a living room, bedroom, or studio apartment, you want it to feel as open, airy and spacious as possible. With the following design tips, you’ll be able to take advantage of every inch and make a small space feel much larger than it is.

Topics: Homeowners

Business Accounting Mistakes to Watch Out For

March 19, 2021 by First Federal Bank

Tax time is stressful for every small business owner, especially if you make certain common accounting mistakes. These simple errors can lead to missed deductions, additional fines, and plenty of unnecessary stress, all of which cost you the time and energy you could be using to grow your company. From simple disorganization to overburdening...

Topics: Small Business, Financial Education

What Happens When You Miss Tax Deadlines?

March 17, 2021 by First Federal Bank

The beginning of each new year brings the looming stress of filing your taxes. Sorting through all the paperwork, filling out the correct forms, and making sure everything is prepared and filed on time can be a challenge. Depending on your circumstances, you may find yourself missing important tax deadlines. This can be a frightening situation,...

Topics: Financial Education

How to Overcome Objections in Sales

March 15, 2021 by First Federal Bank

Many small business owners, lacking the budget for a dedicated sales team, take on the responsibility of making sales themselves. However, this can be a difficult task without specialized sales training. One of the most important skills among salespeople is the ability to handle objections — something stopping a potential client from going forward...

Topics: Small Business

Understanding Senior Living Options

March 12, 2021 by First Federal Bank

Choosing the right place to retire can have a major impact on your life and your loved ones. According to the U.S. Department of Health and Human Services, most Americans turning age 65 will need long-term care at some point in their lives. Many turn to care facilities once they are unable to perform specific activities of daily living milestones,...

Topics: Retirement

Tips for Making Mobile Payments

March 10, 2021 by First Federal Bank

Smartphones have revolutionized how you can perform financial transactions, making it easy for you to shop, pay bills, and send money to friends from wherever you are. You can perform these transactions in a variety of ways, such as paying via web browser or app, using near-field communications (NFC) technology to tap your phone at checkout, or...

Topics: Personal Banking

The content on this site is intended for informational purposes only and should not be considered accounting, legal, tax, or financial advice. First Federal Bank recommends that customers conduct their own research and consult with professional legal and financial advisors before making any financial decisions. Links to third-party websites may be provided for your convenience; however, First Federal Bank does not guarantee the reliability, accuracy, or safety of the information, products, or services offered on these external sites. We are not liable for any damages resulting from the use of these links, and we do not investigate, verify, or endorse the content or opinions expressed on any third-party sites.

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